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against that backdrop, few would have bet on us. few would have bet on the new jersey. leading the way to restore people's believe that government could accomplish things for them. here we are. three years later and look at all of those things some called it impossible in this town that we have made a reality. a real 2% property-tax cap, interest arbitration reform, pension and health benefit reform, teacher tenure perform, higher education restructuring resulting in rutgers now being in the top 25 in research dollars in the administration -- in the country and a new member of the big ten. new capital investment in our universities for the first time in 25 years, a contract in newark that finally acknowledges merit pay. three years ago, and national reputation for corruption and the vision and waste. today, a national model hope for reform at bipartisanship and leadership. that is today's new jersey. [applause] ba now -- that's reviewed this new reality specifically, specifically. to remind our constituents and ourselves how far we have come. add to resolve never, ever
against that backdrop, few would have bet on us. few would have bet on the new jersey. leading the way to restore people's believe that government could accomplish things for them. here we are. three years later and look at all of those things some called it impossible in this town that we have made a reality. a real 2% property-tax cap, interest arbitration reform, pension and health benefit reform, teacher tenure perform, higher education restructuring resulting in rutgers now being in the...
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Jan 8, 2013
01/13
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the digitization and instrumentation of the world using the combination of the mobile devices and i bet everyone in this room has a mobile device and if i went to grab it from you, you would think i was stealing the most important thing that you have. i'm not going to do it. they act in ways that really make a lot of sense. if we take one of those areas that we mentioned, milwaukee, and the example you gave was in some of the less democracy parts of the world where democracy is in short supply and technology can provide a check and balance and a product for accountability, what about the mature democracies. we just had an election in this country. did that teach any lessons, were there any technology lessons to be drawn from this year's election? >> it's always hard to reason from one event. the winners get to write history and the losers sort of think about the next election. there is no connection that the obama campaign, because i was part of it, had a technology that helped elect the president. it was cloud computing, servers and targeted programs and get out the vote. so that is to
the digitization and instrumentation of the world using the combination of the mobile devices and i bet everyone in this room has a mobile device and if i went to grab it from you, you would think i was stealing the most important thing that you have. i'm not going to do it. they act in ways that really make a lot of sense. if we take one of those areas that we mentioned, milwaukee, and the example you gave was in some of the less democracy parts of the world where democracy is in short supply...
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Jan 8, 2013
01/13
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you bet against novak. howard schulz at the 48, 49 level for starbucks. at the same time, yes, it's absolutely true. this is a china play. so you want china to be hitting on all cylinders and not falling double digits. >> amazing this morning how quickly you see a yum, say, tweet or headline, and how quickly the conversation turns to a nike or other companies who are heavily relying on that country. is the situation comparable or not? >> the last nike quarter looked a little better. north america has been very strong. nike has a new shoe coming out. i think you're absolutely right to worry about anything china. but i think that nike is a two-quarter phenomenon. yum is this quarter, and maybe next quarter or the quarter after. china is the big conundrum. because you have to think, well, wait a second, are they picking on american companies? are they picking on us? >> to what extent does that add the unpredictability of the chinese consumer increasing their spending, the idea that that could be fine, but we have to keep in mind that the government might do
you bet against novak. howard schulz at the 48, 49 level for starbucks. at the same time, yes, it's absolutely true. this is a china play. so you want china to be hitting on all cylinders and not falling double digits. >> amazing this morning how quickly you see a yum, say, tweet or headline, and how quickly the conversation turns to a nike or other companies who are heavily relying on that country. is the situation comparable or not? >> the last nike quarter looked a little better....
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Jan 8, 2013
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. >> you bet. banks last year had almost $10 trillion in assets. some people say it's unfair. they are only paying 3.3 billion out on this. at the end of the day the office of the comp control irand they are the regulators who put this deal together. they say our new course of action will get more money to more people more quickly and speed recovery in the nation's housing markets. >> shepard: these banks are worth trillions. for them it might be a decent dial. a separate deal with bank of america and fannie mae today, right? >> bank of america has been in a wig fight with the feds over old loans that were done by country wide financial. they are settling for $11.6 billion instead of repurchasing the loans. >> shepard: 11.6 million. b of a is out billions and billions and billions and doing just fine. >> that's right. they continue. they have set aside money for this stuff ahead of time. >> shepard: i'm sure they have. gerri willis thanks so much. >> thank you. >> shepard: the supreme court reports it's decided to hear two same sex marriage cases in late march. first up califo
. >> you bet. banks last year had almost $10 trillion in assets. some people say it's unfair. they are only paying 3.3 billion out on this. at the end of the day the office of the comp control irand they are the regulators who put this deal together. they say our new course of action will get more money to more people more quickly and speed recovery in the nation's housing markets. >> shepard: these banks are worth trillions. for them it might be a decent dial. a separate deal with...
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you can bet we're all over this one. melissa: i know. stay tuned. sounds like the ultimate case of ingratitude. aig's board is meeting to consider joining a big lawsuit against the u.s. government which says aig's controversial $182 billion bailout cheated aig investors. of course there is a lot more to this story. here's liz macdonald with emac's bottom line. >> there is news on this right now at this very hour. reuters is reporting that now the white house is out defending the bailout of aig. what is happening aig is confirming to fox business the board will meet tomorrow to decide whether or not to join hank greenberg. he is former chief of aig, whether whether to join hank greenberg's $25 billion lawsuit against the new york federal reserve which basically says that aig is a victim of the government bailout. the lawsuit is contending that in the process aig sold off $66 billion in assets. that basically aig was ruined and destroyed by government oversears run amok. that aig was overcharged punitive interest rates on $85 billion line of credit. w
you can bet we're all over this one. melissa: i know. stay tuned. sounds like the ultimate case of ingratitude. aig's board is meeting to consider joining a big lawsuit against the u.s. government which says aig's controversial $182 billion bailout cheated aig investors. of course there is a lot more to this story. here's liz macdonald with emac's bottom line. >> there is news on this right now at this very hour. reuters is reporting that now the white house is out defending the bailout...